Dwane

Time To Go Long, For A Short Time?

I think the rates will stay the same. I think the goal is to suck all the life out of the emerging economy's so that commodities do not rise as rates are cut. The economy would be fine if not for the emerging economy's growing like wildfire. That lead to commodity inflation. I got into this market Friday after sitting out. To me its a happy entry point. I can't see anything dramatically lower in the next 6 weeks. My fear is a double bottom usually 52-64 days after today.